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Nasdaq Confirms Bearish Pattern, Dow And S&P 500 Follow PDF Print E-mail
Written by George Albert   

Written for Seeking Alpha
October 16, 2012: The slowdown in the economy is finally affecting the markets with the Nasdaq 100 giving a clear bearish signal. A number of economic reports have been showing a growth deceleration, but the stock markets kept rising as the Federal Reserve eased money supply.

Let us look at the reports that have been showing a slowdown. The biggest is gross domestic product (GDP) growth, which fell from 4.1% in the last quarter of 2011 to 2% in the first quarter of 2012 and 1.3% in the second quarter of this year. This is surely a sharp deceleration. 

This article was written by me for Seeking Alpha. Click here to read the full article